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Molina Healthcare (NYSE:MOH) said it has been awarded a contract to offer healthcare coverage to six service regions in Michigan.
The managed healthcare services provider said the new Medicaid contract will be for five years, with three one-year optional extensions. The contract is expected to start on Oct. 1.
Molina’s health plan subsidiary, Molinda Healthcare of Michigan, will be one of nine health plans offering coverage to Michigan’s nearly two million Medicaid beneficiaries.